Hi there guys,
My name is Andre, I am European and I am planning to go live to Thailand for a long period of time.
Since my partner is a local, we are planning to leave Europe and move to Thailand together, so after my tourist visa expires I want to study Thai language to get a student visa and I will stay for a long period of time living there and I plan to become a resident there.
In terms of work and money, I work online and I get between 2000$ and 2500$ a month through affiliate marketing.
My 2 questions and doubts are the following:
1- If I leave from Spain and I stay 183 days abroad with a tourist visa and then as a student, will I become a tax resident in Thailand? I do not own any property nor have anything under my name in my country. Moreover, I do not have any customer or interest in the country. I am planning to go to the embassy to register as living abroad but I fill in a form to inform I am not living in Spain anymore. I wonder if that would be enough or if it mandatory I pay tax in Thailand to get tax certificate and avoid problems with Spain. Any idea?
2- Right now all my affiliate partnership are registered under my name, but I was wondering if incorporating a company like a LLC in the USA would be a good idea. I have read that living in a territorial country + having a LLC is a good strategy for technically living tax free in Thailand?
I am not very proficient, so correct me if wrong and I am also open to hear any suggestion or idea you may have regarding this. I know you need to wait 1 year before introducing that money in the country but I have savings that would allow me to do that.
If I am not wrong, the expenses to create an LLC in New Mexico, Wyoming or Florida are not high (creating, monthly fee for a virtual address and a little more) and these seem to be the best places for what I have read.
The fact that you can use banks like Wise, Payoneer, Mercury or PayPal make it a good place for what I need I think, as I get money in USD and EUR.
I am new here in the forum but I have read some messages and I see here there's many of you that know a lot, so if anyone has read it all until here and wanna help I would really appreciate it.
Thanks for your time and any tip and response is welcome
Ander.
My name is Andre, I am European and I am planning to go live to Thailand for a long period of time.
Since my partner is a local, we are planning to leave Europe and move to Thailand together, so after my tourist visa expires I want to study Thai language to get a student visa and I will stay for a long period of time living there and I plan to become a resident there.
In terms of work and money, I work online and I get between 2000$ and 2500$ a month through affiliate marketing.
My 2 questions and doubts are the following:
1- If I leave from Spain and I stay 183 days abroad with a tourist visa and then as a student, will I become a tax resident in Thailand? I do not own any property nor have anything under my name in my country. Moreover, I do not have any customer or interest in the country. I am planning to go to the embassy to register as living abroad but I fill in a form to inform I am not living in Spain anymore. I wonder if that would be enough or if it mandatory I pay tax in Thailand to get tax certificate and avoid problems with Spain. Any idea?
2- Right now all my affiliate partnership are registered under my name, but I was wondering if incorporating a company like a LLC in the USA would be a good idea. I have read that living in a territorial country + having a LLC is a good strategy for technically living tax free in Thailand?
I am not very proficient, so correct me if wrong and I am also open to hear any suggestion or idea you may have regarding this. I know you need to wait 1 year before introducing that money in the country but I have savings that would allow me to do that.
If I am not wrong, the expenses to create an LLC in New Mexico, Wyoming or Florida are not high (creating, monthly fee for a virtual address and a little more) and these seem to be the best places for what I have read.
The fact that you can use banks like Wise, Payoneer, Mercury or PayPal make it a good place for what I need I think, as I get money in USD and EUR.
I am new here in the forum but I have read some messages and I see here there's many of you that know a lot, so if anyone has read it all until here and wanna help I would really appreciate it.
Thanks for your time and any tip and response is welcome
Ander.